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Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.


TSXV:AFE - Post by User

Bullboard Posts
Comment by Illuminati1on Apr 09, 2013 8:35am
109 Views
Post# 21229910

RE: Lundins find another oil discovery

RE: Lundins find another oil discovery

 

So you are basing you valuation of Horn on a different company.
Thats pretty stupid.
What Lundin Petroleum does in norway, how they are valued etc... has nothing to do with HORN.
They have different set up,etc,..  -  its a different company with a different name.
You cannot compare apples and pears.
 
Im expecting the next attempt to ramp this to fail to generate much interest.
 
The rampers are all in themselves and the suckers know better next time around.

 

Bullboard Posts